Oil report: US toughens up after BP oil spill

Mop-up operation

Cleaning in progress

Efforts to stem the flow of oil leaking into the Gulf of Mexico after the Deepwater Horizon spill were successful in July, but the mop-up operation in the Gulf – and in the sector itself – is set to continue for years to come. Significant changes to the regulations for offshore exploration and production (E&P) could have a deep impact on the types of companies that can operate in the region, as well as how they conduct their business.

New rules already coming out of the US Department of the Inte